Tri-Star announced an update from Strategic & Precious Metals Processing LLC’s ("SPMP’s") antimony-gold processing facility in Oman, in which the Company has a 40%-shareholding, and on progress with the disposal of the Company’s interest in the Göynük Project in Turkey. The commissioning process continues at the SPMP antimony-gold processing facility in Oman: Critically, the process chemistry is now proven and crude antimony trioxide (“ATO”) has been produced and stockpiled in readiness for the commissioning of the furnace section of the plant. While work to date demonstrates that the process is fundamentally working well, certain engineering issues having been encountered for which remediation requirements are understood and in process. The plant has produced a quantity of intermediate product and SPMP looks forward to providing a further update on first metal once the furnace commissioning is complete. As a result of the delay in first metal and full commissioning of the plant, SPMP will need further funding for additional capex and working capital. Such funding may be available from local Omani or international banks, from other funding providers or from SPMP’s shareholders. SPMP are in discussions with a number of local banks who are supportive. As an interim measure SPMP has requested an additional USD 10.5 million from its shareholders and discussions are ongoing between SPMP and its shareholders as to how this finance may best be provided. Göynük Project Update: The Göynük Project consists of the exploration and mining rights for a historical artisanal mine in a known antimony belt in the Murat Dagi mountains of western Turkey, of which the Company currently owns 99.93%; Tri-Star has signed a ‘Letter of Intent’ with a local Turkish entity. (the “Purchaser”), as part of the sale process of the Göynük Project; The company expects the sale to close in first quarter this year; The Purchaser plans to bring the mine back into production before the end of 2019 and has indicated a desire to enter into an offtake agreement with SPMP which Tri-Star will facilitate.